South Korea's KOSPI index experienced a steep decline as investor enthusiasm for chipmakers wanes following the fading of the AI-driven market boom. The sell-off reflects declining interest in the semiconductor sector that had benefited from AI demand.
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The benchmark KOSPI .KS11 sees steep decline as interest in chipmakers falls.
South Korea’s stock market plunges as AI-driven boom fades | Economy https://www.byteseu.com/2238253/ Published On 29 Jul 202629 Jul 2026 South Korean stocks have dropped for a second consecutive session, with Seoul’s equity market losing about $2.18 trillion in value. Tuesday’s drop continued … Published On 29 Jul 202629 Jul 2026